Regulation & Compliance: NASDAQ Halts Trading In Two Companies

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(Comment on this article at http://www.financialwire.net/2010/04/25/regulation-compliance-nasdaq-halts-trading-in-two-companies/)

April 23, 2010 (FinancialWire) -- The NASDAQ Stock Market NDAQ announced that trading was halted this week on two companies.

Trading in City Bank Lynwood, WA CTBK was halted for "additional information requested" from the company at a last price of $1.70.

Also halted was trading in Tamalpais Bancorp TAMB, for "additional information requested" from the company at a last price of $0.49.

Trading will remain halted until the companies have fully satisfied NASDAQ's request for additional information.

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